As the world becomes more aware of the impacts of climate change and social inequality, investors and consumers are increasingly looking for businesses that prioritize sustainable practices and environmental, social, and governance (ESG) considerations.
One company leading the way in this area is BBVA, which recently announced that it had achieved €150 billion in sustainable business, marking half of its 2025 goal of €300 billion. This significant milestone demonstrates BBVA's commitment to sustainable development and aligning its activities with the United Nations' Sustainable Development Goals (SDGs).
BBVA's sustainability strategy focuses on financing sustainable activities, managing environmental and social risks, and promoting sustainable practices. This strategy is aligned with the United Nations' SDGs and aims to create long-term value for all stakeholders. The bank's commitment to sustainable development is further evidenced by its inclusion in the Dow Jones Sustainability Index, participation in the Principles for Responsible Banking, and its commitment to carbon neutrality by 2050.
By prioritizing sustainable business practices and ESG considerations, companies like BBVA are helping to create a more sustainable future for all. As a result, investors are increasingly looking for companies that are committed to ESG considerations and sustainable practices and are more likely to invest in companies that prioritize these values.
As we move towards a more sustainable future, it is clear that businesses that prioritize sustainable practices and ESG considerations will be better positioned for long-term success. Companies like BBVA, which have already made significant progress in this area, are leading the way and demonstrating that sustainability and financial success can go hand in hand.
Link to the BBVA press release for more information if necessary -https://www.bbva.com/en/sustainability/bbva-achieves-150-billion-euros-in-sustainable-business-half-of-its-2025-goal/